Supply and demand issues continue to worry prospective homebuyers, as an unhealthy imbalance persists in the housing marketplace.
Read More »Demand for Luxury Homes on the Rise
Economic recovery for wealthy Americans seems to be occurring at a more rapid clip, as a recent Redfin report finds a spike in the sale of higher-end homes.
Read More »Where Did Homebuyers Who Moved During Pandemic Go?
The latest data show many who relocated in 2020-2021 remained in their home states. Analysts examine whether the trend will continue.
Read More »Organizations Expand Affordable Homeownership Mortgage Program
Bank of America and the Neighborhood Assistance Corporation of America (NACA) this week announced the expansion of their national affordable homeownership mortgage program, with a goal of providing ...
Read More »Mortgage Rates Remain Below the 3% Mark
Rates climbed slightly this week, but remain in refi-friendly territory as the struggle between low supply and high demand continues in the housing market nationwide.
Read More »‘Highly Unusual’ Quarterly Increase in Lending Activity
The home-mortgage industry almost always slows down in winter, but not this year—experts explain why.
Read More »Homebuyers on the Clock
With housing inventory drastically reduced, prospective buyers are jumping on the short supply, and listings are spending less and less time on the market.
Read More »Purchase Activity Shows Signs of Slowdown
Contrary to the fact that homes remain in demand, tight supply and a rise in listing prices are driving down mortgage application volume.
Read More »The White House Addresses Racial Disparity in Wealth
On the centennial of the Tulsa Race Massacre, the Biden-Harris administration announced plans to narrow the gap through action related to homeownership.
Read More »AI, Digital Tools Lead to Faster Closing Times
Both borrowers and lenders have said digital mortgage technologies are making mortgage loan closings more efficient, "thus improving the overall experience for participants," experts report.
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